The Asia Pacific Refractive Surgery Devices Market would witness market growth of 10.8% CAGR during the forecast period (2021-2027).
These surgeries help people in becoming independent by reducing or removing the use of contact lenses or spectacles. Throughout the pandemic, people managed their preferences and started spending less on their personal products and more on such products that are beneficial for their health and wellbeing, due to which the demand for refractive surgery devices was propelled. In contrast, the emerging nations are experiencing a shortage of surgical devices for correcting refractive errors, which is responsible for hampering the growth of the refractive surgery devices market.
Several surgery devices and equipment companies are shifting their focus on advancing the technologies involved in the field of refractive surgery. The latest technologies utilized for correcting refractive errors help in decreasing the time taken while performing surgeries, increasing the scale of the treatment, and also reducing the labor cost. The refractive surgery devices market would augment by the introduction of the latest corneal refractive surgical techniques like pseudophakic intraocular lenses, corneal stiffening techniques like collagen crosslinking, intraocular rings & segments, and femtosecond corneal surgery techniques. In addition, the latest femtosecond laser surgical devices offer several unique features like depth and edge angle, fast flap creation, and complete surgical control down to the micron in terms of diameter.
Asia-Pacific refractive surgery devices market is one of the major growing sectors in the medical devices industry with the growing demand for better quality healthcare services to enhance the lives of millions. Refractive surgery devices are commonly used to treat eye problems like myopia, hyperopia, presbyopia, or astigmatism. The utilization of refractive surgery devices in surgeries helps in decreasing the time taken during the treatment.
In addition, it is anticipated that the regional market will grow at a rapid pace in the upcoming years. There is a rise in investments by key players in developing markets due to the surging demand for better healthcare facilities. In addition, a rapid increase in the geriatric population across this region is likely to augment the growth of the refractive surgery devices market.
The China market dominated the Asia Pacific Aberrometers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,787 Thousands by 2027. The Japan market is showcasing a CAGR of 11.3% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 11.2% during (2021 - 2027).
Based on Application, the market is segmented into Astigmatism, Myopia, Hyperopia, Presbyopia, and Dry eyes. Based on Product, the market is segmented into Lasers, Microkeratome, Aberrometers and Other Products. Based on End Use, the market is segmented into Ophthalmology Clinics, Hospitals and Ambulatory surgery centers. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Refractive Surgery Devices Market is Projected to reach USD 331.5 million by 2027, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carl Zeiss Meditec AG, Topcon Corporation, Novartis AG, Glaukos Corporation, Johnson & Johnson, Essilorluxottica SA, Bausch Health Companies, Inc., SCHWIND Eye-Tech-Solutions GmbH, NIDEK CO., LTD., and Quantel Medical (Lumibird Group).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Astigmatism
- Myopia
- Hyperopia
- Presbyopia, and
- Dry eyes
By Product
- Lasers
- Microkeratome
- Aberrometers and
- Other Products
By End Use
- Government
- Energy
- Defense
- Agriculture & Forestry
- Media & Entertainment
- Civil Engineering & Archaeology
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Carl Zeiss Meditec AG
- Topcon Corporation
- Novartis AG
- Glaukos Corporation
- Johnson & Johnson
- EssilorLuxottica SA
- Bausch Health Companies, Inc.
- SCHWIND Eye-Tech-Solutions GmbH
- NIDEK CO., LTD.
- Quantel Medical (Lumibird Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Refractive Surgery Devices Market, by Application
1.4.2 Asia Pacific Refractive Surgery Devices Market, by Product
1.4.3 Asia Pacific Refractive Surgery Devices Market, by End Use
1.4.4 Asia Pacific Refractive Surgery Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017,Feb – 2021, Jul) Leading Players
Chapter 4. Asia Pacific Refractive Surgery Devices Market by Application
4.1 Asia Pacific Astigmatism Market by Country
4.2 Asia Pacific Myopia Market by Country
4.3 Asia Pacific Hyperopia Market by Country
4.4 Asia Pacific Presbyopia Market by Country
4.5 Asia Pacific Dry eyes Market by Country
Chapter 5. Asia Pacific Refractive Surgery Devices Market by Product
5.1 Asia Pacific Lasers Market by Country
5.2 Asia Pacific Microkeratome Market by Country
5.3 Asia Pacific Aberrometers Market by Country
5.4 Asia Pacific Other Products Market by Country
Chapter 6. Asia Pacific Refractive Surgery Devices Market by End Use
6.1 Asia Pacific Ophthalmology Clinics Market by Country
6.2 Asia Pacific Hospitals Market by Country
6.3 Asia Pacific Ambulatory surgery centers Market by Country
Chapter 7. Asia Pacific Refractive Surgery Devices Market by Country
7.1 China Refractive Surgery Devices Market
7.1.1 China Refractive Surgery Devices Market by Application
7.1.2 China Refractive Surgery Devices Market by Product
7.1.3 China Refractive Surgery Devices Market by End Use
7.2 Japan Refractive Surgery Devices Market
7.2.1 Japan Refractive Surgery Devices Market by Application
7.2.2 Japan Refractive Surgery Devices Market by Product
7.2.3 Japan Refractive Surgery Devices Market by End Use
7.3 India Refractive Surgery Devices Market
7.3.1 India Refractive Surgery Devices Market by Application
7.3.2 India Refractive Surgery Devices Market by Product
7.3.3 India Refractive Surgery Devices Market by End Use
7.4 South Korea Refractive Surgery Devices Market
7.4.1 South Korea Refractive Surgery Devices Market by Application
7.4.2 South Korea Refractive Surgery Devices Market by Product
7.4.3 South Korea Refractive Surgery Devices Market by End Use
7.5 Singapore Refractive Surgery Devices Market
7.5.1 Singapore Refractive Surgery Devices Market by Application
7.5.2 Singapore Refractive Surgery Devices Market by Product
7.5.3 Singapore Refractive Surgery Devices Market by End Use
7.6 Malaysia Refractive Surgery Devices Market
7.6.1 Malaysia Refractive Surgery Devices Market by Application
7.6.2 Malaysia Refractive Surgery Devices Market by Product
7.6.3 Malaysia Refractive Surgery Devices Market by End Use
7.7 Rest of Asia Pacific Refractive Surgery Devices Market
7.7.1 Rest of Asia Pacific Refractive Surgery Devices Market by Application
7.7.2 Rest of Asia Pacific Refractive Surgery Devices Market by Product
7.7.3 Rest of Asia Pacific Refractive Surgery Devices Market by End Use
Chapter 8. Company Profiles
8.1 Carl Zeiss Meditec AG (Carl Zeiss AG)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Developments:
8.1.5.1 Acquisitions and Mergers:
8.1.5.2 Product Launches and Product Expansions:
8.2 Topcon Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent Strategies and Developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Acquisitions and Mergers:
8.3 Novartis AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent Strategies and Developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 Glaukos Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent Strategies and Developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Johnson & Johnson
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental &Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Geographical Expansions:
8.6 EssilorLuxottica SA
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental &Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent Strategies and Developments:
8.6.5.1 Acquisitions and Mergers:
8.7 Bausch Health Companies, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent Strategies and Developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product launches and Product Expansions:
8.8 SCHWIND Eye-Tech-Solutions GmbH
8.8.1 Company Overview
8.9 Nidek Co., Ltd.
8.9.1 Company Overview
8.9.2 Recent Strategies and Developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. Quantel Medical (Lumibird Group)
8.10.1 Company Overview
TABLE 1 Asia Pacific Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 2 Asia Pacific Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Refractive Surgery Devices Market
TABLE 4 Product Launches And Product Expansions– Refractive Surgery Devices Market
TABLE 5 Acquisition and Mergers– Refractive Surgery Devices Market
TABLE 6 Geographical Expansions- Refractive Surgery Devices Market
TABLE 7 Asia Pacific Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 8 Asia Pacific Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 9 Asia Pacific Astigmatism Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Asia Pacific Astigmatism Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Asia Pacific Myopia Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Asia Pacific Myopia Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Asia Pacific Hyperopia Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Asia Pacific Hyperopia Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Asia Pacific Presbyopia Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Asia Pacific Presbyopia Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Asia Pacific Dry eyes Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Asia Pacific Dry eyes Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Asia Pacific Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 20 Asia Pacific Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 21 Asia Pacific Lasers Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Asia Pacific Lasers Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Asia Pacific Microkeratome Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Asia Pacific Microkeratome Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Asia Pacific Aberrometers Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Asia Pacific Aberrometers Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Asia Pacific Other Products Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Asia Pacific Other Products Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Asia Pacific Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 30 Asia Pacific Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 31 Asia Pacific Ophthalmology Clinics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 Asia Pacific Ophthalmology Clinics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 Asia Pacific Hospitals Market by Country, 2017 - 2020, USD Thousands
TABLE 34 Asia Pacific Hospitals Market by Country, 2021 - 2027, USD Thousands
TABLE 35 Asia Pacific Ambulatory surgery centers Market by Country, 2017 - 2020, USD Thousands
TABLE 36 Asia Pacific Ambulatory surgery centers Market by Country, 2021 - 2027, USD Thousands
TABLE 37 Asia Pacific Refractive Surgery Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 38 Asia Pacific Refractive Surgery Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 39 China Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 40 China Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 41 China Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 42 China Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 43 China Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 44 China Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 45 China Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 46 China Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 47 Japan Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 48 Japan Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 49 Japan Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 50 Japan Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 51 Japan Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 52 Japan Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 53 Japan Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 54 Japan Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 55 India Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 56 India Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 57 India Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 58 India Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 59 India Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 60 India Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 61 India Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 62 India Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 63 South Korea Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 64 South Korea Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 65 South Korea Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 66 South Korea Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 67 South Korea Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 68 South Korea Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 69 South Korea Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 70 South Korea Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 71 Singapore Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 72 Singapore Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 73 Singapore Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 74 Singapore Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 75 Singapore Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 76 Singapore Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 77 Singapore Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 78 Singapore Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 79 Malaysia Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 80 Malaysia Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 81 Malaysia Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Malaysia Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Malaysia Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 84 Malaysia Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 85 Malaysia Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 86 Malaysia Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 87 Rest of Asia Pacific Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 88 Rest of Asia Pacific Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 89 Rest of Asia Pacific Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 90 Rest of Asia Pacific Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 91 Rest of Asia Pacific Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 92 Rest of Asia Pacific Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 93 Rest of Asia Pacific Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 94 Rest of Asia Pacific Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 95 key Information – Carl Zeiss Meditec AG
TABLE 96 key Information – Topcon Corporation
TABLE 97 Key Information – Novartis AG
TABLE 98 Key Information – Glaukos Corporation
TABLE 99 Key information –Johnson & Johnson
TABLE 100 Key Information – EssilorLuxottica SA
TABLE 101 key information – Bausch Health Companies, Inc.
TABLE 102 Key Information – SCHWIND Eye-Tech-Solutions GmbH
TABLE 103 Key Information – Nidek Co., Ltd.
TABLE 104 Key Information – Quantel Medical (Lumibird Group)
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Feb – 2021, Jul) Leading Players
FIG 5 Recent Strategies and Developments: Carl Zeiss Meditec AG
FIG 6 Recent Strategies and Developments: Topcon Corporation
FIG 7 Recent Strategies and Developments: Johnson & Johnson
FIG 8 Recent Strategies and Developments: Bausch Health Companies, Inc.